Life relates to trading and trading relates to life. Constantly revealing, unfolding before us as we trade and live, so I write about how my life relates to trading and how I trade the markets. Along the way I share my opinions on anything that evokes my passion or tickles my funny bone trying not to forget that enjoying life is the best part of living.

Friday, February 26, 2010

The Daily Note - Planning for Time

It just started, yet this year is flying by. February's last trading day and last weekend of February is here. I can't remember the last time I felt I had too much time on my hands.

I know time is a perception to an extent, yet it is also a way to measure our reality; When we watch the ticker go by, no matter which time frame, we are literally watching time pass. When we are involved doing other things we enjoy, we don't notice it as readily until we are done with the activity. Perhaps it's because I'm having too much fun, or maybe I'm just too immersed in what I do, that I am always wishing for more time to immerse, learn and experience more.

Time is just as important to trading as timing is. How long are you willing to hold a trade is determined by the size of your holding because it relates to the size of your account. Your investment needs to pay off quickly when you use a lot of your capital in a single trade, because you may not be able to enter another trade until you have completed the first one. However if you plan it well, you can give each trade its due time.

When planning the day, pick stocks that fit your capital; so if you pick 5 stocks to trade for the day, know how many shares you can allot for each, so you can enter trades as the opportunities come rather than sit it out in frustration because another stock hasn't reached the goal you seek. This method will make your day much more flexible and more interesting. It increases the opportunity of profit by increasing the time you have for the trade. But, it will not save you time as there is no such thing anyway.

Saving time is like saving money at a store sale: you're spending both regardless of the terminology. It's just a question as how wisely and how much.

Happy Trading, Living and DancingAnni

P.S. I will be working on updating my site and would appreciate your feedback along the way. Please feel free to leave your comments good or bad and whether something does not look okay. Thanks in advance.

About Me

a posse ad esse or from being able, to being

In trading as in living, We must see the possible in order to create the actual. Through a maze of charts, indicators and endless outlook chatter, we must create our own vision and from that actualize our possibilities. In short, create and realize our dreams.
With my experience and ability to visualize, I can help you realize yours.
***********************************
Click on the subscription buttons below to sign up
**********************************

Questions or Comments:

********************************

DISCLAIMER

Day Trading with Anni is a blog and website intended for education, entertainment and information only. The content provided herein is not to be construed as recommendations to buy or sell stocks of any kind. They are simply the opinions of the author. It is possible that the editor of this blog may own, buy, or sell stocks presented. All readers, traders, or investors should consult a qualified professional before trading any stock. The author is not an investment advisor. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts made by the author are committed at the reader's own risk, financial or otherwise.That said, all content is under copyright by the author.